A-Cap readies for uranium mining licence

In its activities report for the quarter ended 30 September 2014, which was released yesterday, the company stated that it continues to progress the feasibility studies required to submit a mining licence application for the uranium project, in the first half of 2015.

A-Cap chief executive officer, Paul Thomson, stated that the company needed to prepare the project for early production in order to capitalise on a recovery in the uranium price.